Rental income- USC query

[Pinkpanter]

I am currently doing form 12 for my rental income.
Myself and my husband have different opinions
on how USC is charged on rental income.

Is it on the net rental income or gross rental income profit ie rent minus expenses!!

If you make a rental loss is there USC due!!!

 

[oldnick]

Nett rental income . Your total rent collected minus your allowable deductions.

If you've lost money you should still declare it because it can be offset against following years profit.
You can't offset the rental income loss against the employee income -so no refund on the USC you've paid last year.

USC is charged on your total income and for most people that means ,after your employee's income from which USC was deducted, you pay the full top rate of USC on even a tiny rental income.